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Standard Chartered Bank Proposes a Cash Dividend of 16.51percent

Business

Oct 30, 2022

Kathmandu, Nepal, october 31, 2022: The Standard Chartered Bank has proposed a Cash Dividend of 16.51 percent inclusive of all taxes for the Financial Year 2078/079.

The 433rd meeting of the Board of Directors of the bank held on Monday decided to proposed 16.51 percent dividend for the shareholders.

The decision of the Board of Directors is subject to approval from Nepal Rastra Bank (NRB), the central bank of Nepal and Annual General Meeting (AGM) of the shareholders of the Bank.